Adani Group Touts Cash Reserves in Bid to Calm Investors

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Signage of Adani Group gas station in Ahmedabad, India, on Wednesday, Feb. 1, 2023. Bonds of the Indian billionaire’s flagship firm plunged to distressed levels in US trading, and the company abruptly pulled a record domestic stock offering after the Adani group suffered a $92 billion market crash. Photographer: Dhiraj Singh/Bloomberg

Signage of Adani Group gas station in Ahmedabad, India, on Wednesday, Feb. 1, 2023. Bonds of the Indian billionaire’s flagship firm plunged to distressed levels in US trading, and the company abruptly pulled a record domestic stock offering after the Adani group suffered a $92 billion market crash. Photographer: Dhiraj Singh/Bloomberg



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